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Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:

1. Identify the SWIFT message that the system generates on successful creation of an LC
contract. (Choose the best answer.)

A) MT760
B) MT710
C) MT700
D) MT734

2. Identify the correct function ID to access the Bill Contract screen. (Choose the best answer)

A) BCDCONON
B) BCDTRONL
C) BCDTRNON
D) BCDCONOL

3. Which three operations are not allowed for a product with the Discounted Straight Line method of revaluation? (Choose three.)

A) cancellation
B) partial payment
C) limits tracking
D) rollover

4. Which two statements are true about a Reconciliation Class? (Choose two.)

A) a rule sequence number is entered manually for the rules that are attached to a Reconciliation Class.
B) Several rules constitute a Reconciliation Class.
C) a Reconciliation Class type can be Mirror or Replication.
D) a Reconciliation Class type is both Mirror and Replication.

5. A customer wants to set up utility bill payment. What product type must you select? (Choose the best answer.)

A) standing payment orders
B) variable payment orders
C) sweep out transactions
D) standing collection orders

Solutions: